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Showing 161 - 170 of 219 results for "Pension Plan"

US pension plan deficits rise in June

MICHAEL HOBBS  |  WEDNESDAY, 14 JUL 2010
Pension plan deficits of S&P1500 reached $510 billion at the end of the financial year, just $1 billion shy of the previous deficit record set in January 2009, according to a new report. Mercer's survey found the pension plan deficit had widened by ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
An academic paper that warns five US pension funds could run out of money in less than 10 years due to chronic underfunding and poor returns serves as a precautionary tale for local investors. In a paper published last August titled 'The Liabilities ...

RARE Infra wins $1.4bn in mandates

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
... when the Future Fund gave the fund manager an undisclosed investment mandate this year. AvSuper, Canada's Corporate Pension Plan, Russell OpenWorld and van Eyk Blueprint all awarded RARE Infrastructure mandates last year. RARE Infrastructure was founded ...

Korea's big four dominate pensions

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
The top four service providers in Korea administer around half of all funded corporate pension assets in the country, and account for KRW 7 trillion of assets, according to Towers Watson's Korea Pension Report. The new report covers 53 service providers ...

Bill backed for calling placement agents lobbyists

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
A US retirement assembly has backed a bill treating placement agents as "lobbyists", in a bid to help protect the integrity of the nation's two largest public pension funds. Assembly member Ed Hernandez, who helped author the bill, said the vote meant ...

Transurban deal off Future Fund table

RUTH LIEW  |  THURSDAY, 25 MAR 2010
... Future Fund Board of Guardians released a statement yesterday, stating it has "terminated discussions with the Canada Pension Plan Investment Board and Ontario teachers' pension plan regarding their proposal to acquire Transurban Group". The fund did ...

Pensions fail to direct manager voting

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
... saw a 10 per cent decrease this year in the number of firms that said they receive guidance or direction from their pension plan clients on how those clients' proxies should be voted," said SHARE director of law and policy, Laura O'Neill in a statement. ...

State Street settles suit for $340m

SEC RELEASE  |  MONDAY, 8 FEB 2010
... State Street's internal advisory groups subsequently decided to recommend that all of their clients including the pension plan of State Street's publicly-traded parent company (State Street Corporation) redeem their investments from the fund and the ...

Future Fund mulls Transurban investment

MICHELLE BALTAZAR  |  FRIDAY, 11 DEC 2009
... with the Canadian pension funds that proposed to buy the infrastructure group in October. On October 27, the Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan (OTPP) submitted an indicative proposal to buy 100 per cent of ...

State Street wins $2.2bn Canadian mandate

COMPANY RELEASE  |  MONDAY, 16 NOV 2009
... appointed by the Canadian-based $2.2 billion Saskatchewan Teachers Federation to provide investment services to the pension plan. The deal means State Street will provide custody, fund accounting and securities lending to Canadian pension plan. The Saskatchewan ...